September 02, 2012

It truly is well-known that Felix can be a critic of the European widespread currency and his prediction for the monetary union is that it's going to fall apart by the finish of 2012. He adds that if this disintegration does take spot within the future, it will bring only chaos towards the global economic climate.

Additionally, it seems that Zulauf has managed to predict the funding crisis which is approaching inside the USA. He comments that governments across the world have acknowledged the truth that they have debts to redeem and they've to enhance their fiscal policies. In addition, he notes that even the United states itself is going to comprehend this following the election.

As far as Zulauf is concerned, the euro just isn't the true result in for concern but its influence on the economic climate is. He says that items can perform out if the euro zone walked into a political and fiscal union and this in all probability will not take place because Europe will not be prepared to say goodbye to national sovereignty.

It can be clear that Felix is concerned and extremely significantly thinking about the political dangers which lie within the future. By way of example, he said that there is a likelihood that the credit program will likely be nationalized and numerous modifications can take place - dramatic restrictions and capital control on the monetary markets.

Zulauf is convinced that the cyclical bear marketplace has not carried out its job for the very end and his recommendations are extremely pessimistic. In his opinion, the cyclical bear markets will do properly in 2013.

Felix Zulauf hasnt changed his thoughts, regarding gold regardless of the truth that there has been a shakeout. He also recommends shopping for gold if it goes beneath 1500 dollars and he also says that this could lead to golds price falling beneath 1300 dollars. He shares that gold is actually a potent implies of protection from the future.

Greece will not be the only nation that could need to quit on account of the economic depression, says the monetary market place expert Felix Zulauf. He predicts that Greece will exit the European Union, followed by Portugal, Ireland and Spain later on. Italy, France and Germany are certainly not secure either and those nations need to have swift reforms in their policy.According to him, the only technique to prevent the worldwide banking technique from collapsing may be the nationalization. As for the Europe, it might be saved if all the nations abandon the Euro, but that's most unlikely. Mr. Zulauf believes that the euro isn't an integration project, it divides Europe as a result of the different competitiveness with the European countries.It really is accurate that the majority of economists have supported the currency union, but there was a minority which has addressed the concerns clear. It truly is really frustrating that their representatives had been always ridiculed and portrayed as anti-European, in line with Mr. Zulauf.In the course of the previous decades it was all clear and everyone has the ambition to create a superb return for their shareholders. But currently it is not about profit. The idea would be to preserve capital and to create ends meet. This really is what's placing brakes on the economic development.

Felix Zulauf was born 1950, and is the owner and president of Zulauf Asset Management, a Zug, Switzerland-based hedge fund. Felix has worked in the financial markets and asset management for almost 40 years. Mr. Zulauf has been a regular member of the Barron's Roundtable for more than 20 years.

Disclaimer. This blog is not owned, managed or written by Felix Zulauf and is no way affiliated with him. The blog only includes comments and information that is already available in other online public sources. For any questions about the material in this blog, you can contact us at: invnewsfeed@gmail.com

Pages

Felix W. Zulauf is president of Zulauf Asset Management AG. Previously, he worked at Union Bank of Switzerland (UBS) in roles managing global mutual funds, heading the institutional portfolio management unit, and acting as global strategist for the UBS Group. Mr. Zulauf began his investment career as a trader for the Swiss Bank Corporation and received training in research and portfolio management at several leading investment banks in New York, Zurich, and Paris. He is a long-standing member of the Barron’s Roundtable and is featured regularly in this publication.

The material and information should not be viewed either as sales material or as research. They do not constitute an offer to buy or sell any securities at any given price. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness, reliability or appropriateness of the information, methodology and any derived price contained within this material.